TORONTO -- The Toronto stock market was in for a higher open Thursday amid some upbeat economic news from the eurozone and China along with another busy day for corporate earnings in Canada and the U.S.. The Canadian dollar rose 0.07 of a cent to ...
Wall Street stock futures are shooting higher Thursday as Caterpillar and GM reported strong earnings. Asian stocks fell as China's manufacturing output grew at the slowest pace in five months.
(Adds Reuters in dateline). * Cuts top end of 2014 profit forecast range. * Third-quarter profit $0.38/share vs est. $0.42. * Revenue up 8 pct at $1.64 bln.
Softer-than-expected business outside of Canada and recent volatility that could negatively impact Canaccord Genuity Group Inc.'s capital market activity, prompted TD Securities to downgrade the independent broker on Thursday.
Stock futures pointed to a higher opening for Canada's main stock index on Thursday, with December futures on the S&P TSX index SXFc1 up 0.30 percent at 0715 ET.